Whenever the city talks about RT, it's always BRT, or LRT. But there are many other options. Aerobus seems like a pretty good option, it is cheap, and has the capacity of LRT. $15-30 million per mi ($9-18 million per km).
How about a Route 90 line so that people who don't want to deal with the traffic can still live in Waverly West, and work in Centreport.
www.aerobus.com